Norton Broker Services launches bridging department
Norton Broker Services, part of the Norton Group, has launched a bridging finance offering to provide solutions to the intermediary market.
This follows a surge in demand from intermediaries wanting to place bridging cases with the group.
Senior sales and development manager Sonny Gosai (pictured) will head up the bridging department, while also continuing to work with the Norton Home Loans brand.
Gosai said: “It is obvious that bridging has a large place within the specialist market and we felt it was time we came to the forefront with our ability to allow intermediaries to have Norton as an outlet for their enquiries.
“This will sit fantastically alongside other areas of the group to complement each department with another product accessible not only by the intermediary but also our internal mortgages and second charge departments.”
Mike Walters, sales director – property intermediaries at United Trust Bank, said: “I am delighted that Norton have moved into the bridging finance sector and wish them every success with this new venture.
“We’ve established an excellent relationship with their team and they have become one of our most successful broker partners for second charge mortgages.
“Norton have established a reputation for professionalism and outstanding customer service and we look forward to working with the new bridging team to develop their short term lending business alongside their successful second charge loan offering.”
Paul Stringer, director at the Norton Group, said: “This is a natural progression for us as volumes of Bridging enquiries continue to rise, this adds to the range of options available within the group and fits perfectly with our overall growth strategy.”
Gosai added: “These are exciting times for us with the ability to add another string to our bow, with more exciting developments on the horizon it puts Norton in good stead for the future.
“Look out for more developments in the coming weeks!”